Magazine : Archives : 1st Quarter 2020

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THE SECRET TO AVOIDING MEETINGS The typical executive spends an average of 23 hours a week in meetings, according to research conducted by professors at the University of North Carolina and Davidson College. But nearly three-quarters of senior managers believe that meetings are unproductive and inefficient. Tom Broughton III, chairman and CEO of ServisFirst Bancshares, has a solution. “We don’t have many meetings,” he says. “The mountains are high, and the emperor is far away.” The Birmingham, Alabama-based bank has 22 locations in 11 metropolitan areas across five southeastern states. Its footprint is divided into regions, each of which has...